JBS leases chicken plant

Published on: Feb 5, 2013

JBS S.A., the largest beef processor in Brazil with developing interests in chicken and dairy production, has announced that it has signed a five-year lease -- with a provision to extend the lease for an additional five years -- to operate the chicken processing facilities of Tramonto Alimentos S.A. in the Brazilian state of Santa Catarina.

JBS said production will incorporate its chicken growing operations in the region and will primarily serve export markets.

JBS, which is the majority owner of Pilgrim's Pride Corp. in the U.S., has been building an interest in chicken production and processing in Brazil through either acquisitions or similar leases (Feedstuffs, May 7, 2012).